- June 16, 2016
9:00 am - 12:00 pm
What Nonprofits Need to Know to Comply with Minimal Impact on the Operating Budget
On May 18, 2016, the United States Department of Labor (“USDOL”) announced its Final Rule updating the Fair Labor Standards Act (“FLSA”) regulations governing overtime exemptions for executive, administrative, and professional employees, commonly referred to as the FLSA’s “white collar exemptions.” The main change created by this Rule is that the threshold needed for employees to qualify for exemption from overtime under the white collar exemptions will virtually double.
Extensive guidance regarding the changes to the regulations has been made available by the USDOL on its Overtime Pay webpage, including multiple fact sheets, a summary, and a question and answer guide. Employers have approximately six months to prepare for these changes which take effect December 1, 2016.
Not sure how this impacts your organization? Wondering how to ensure you are complying with these new rules?
Join us as we hear from Margaret “Peg” O’Brien and Donald “Lee” Smith from the law firm of Devine Millimet about the USDOL’s new regulations. Presenters will discuss and provide a comprehensive evaluation on how the USDOL’s regulations will affect overtime eligibility, the impact and challenges to nonprofit employers, and strategies to assist employers in complying with and preparing for the implementation of these regulations.
Offered in partnership with Devine Millimet.
Thursday, June 16, 2016 – 9:00am to 12:00 pm